Issuu on Google+

I N D U S TRY INSIGH TS

SA L A RY & B O NU S B E NCH MAR KS : I BD/ M&A - G ER MAN Y


INTRODUCTION The Carlton Senior Appointments research team has recently completed a Salary and Bonus Survey (conducted in Q2 2013) to cover Front Office Investment Banking across key European Finance Hubs and the USA. The past 12 months have been characterised with banking scandals, intense media scrutiny, and increasing public outcry with regards to banking compensation, amidst a slowly recovering European market. With this in mind it is perhaps surprising (and encouraging) to see increases in both base and bonus compensation over the last 12 months, with banks choosing to ignore public pressure and instead base compensation decisions solely on their own financial performance.

IBD/ M&A COUNTRY COMPARISON 2011 / 2012 SALARY (€)

2011 / 2012 BONUS (€)

2012 / 2013 SALARY (€)

2012 / 2013 BONUS (€)

88,400 94,700 63,200 85,700 123,000 125,400

64,000 66,400 78,200 33,600 33,300 166,200

96,500 107,100 69,900 91,800 130,500 130,700

69,800 87,600 96,800 42,800 40,800 93,900

All UK Russia Germany Switzerland USA

180,000.00 160,000.00 140,000.00 Euros

120,000.00 100,000.00

2012 Salary

80,000.00

2012 Bonus

60,000.00

2013 Salary

40,000.00

2013 Bonus

20,000.00 0.00 All

UK

Russia Germany Country

Switzerland

USA


IBD/ M&A GLOBAL SALARY BENCHMARKS 2011 / 2012 SALARY (€)

2011 / 2012 BONUS (€)

2012 / 2013 SALARY (€)

2012 / 2013 BONUS (€)

48,400 66,500 90,100 131,600

14,800 29,000 71,100 126,000

53,500 73,900 98,500 143,600

18,000 30,900 86,900 155,000

Euros

Analyst Associate Vice President Director

180,000.00 160,000.00 140,000.00 120,000.00 100,000.00 80,000.00 60,000.00 40,000.00 20,000.00 0.00

2012 Salary 2012 Bonus 2013 Salary 2013 Bonus Analyst

Associate

Vice President

Director

Level of Seniority

IBD/ M&A SALARY BENCHMARKS FOR GERMANY 2011 / 2012 SALARY (€)

2011 / 2012 BONUS (€)

2012 / 2013 SALARY (€)

2012 / 2013 BONUS (€)

54,900 76,200 96,300 141,700

13,500 38,000 34,700 59,000

61,000 82,200 104,500 149,800

22,300 43,600 51,000 72,000

Analyst Associate Vice President Director

160,000.00 140,000.00

Euros

120,000.00 100,000.00

2012 Salary

80,000.00

2012 Bonus

60,000.00

2013 Salary

40,000.00

2013 Bonus

20,000.00 0.00 Analyst

Associate

Vice President

Level of Seniority

Director


consultancy@carltonseniorappointments.com www.carltonseniorappointments.com

LONDON

NEW YORK

MUNICH

GENEVA

33 King William Street

245 Park Avenue

Landsbergerstrasse 155

1 Rue De Rhone

8th Floor

39th Floors

80867

14 204

London, EC4R 9AS, UK

New York, NY 10167, USA

Munich, Germany

Geneva, Switzerland

T +44 207 078 0510

T +1 212-209-7322

T +49 89 57959 425

T +41 22 819 1830


Industry Insights - Salary & Bonus Benchmarks: IBD/M&A